Exotic Watches: Centre of Lunar Celebrations and Thefts

2 mins read

In the spirit of the Lunar New Year, Asian companies are ringing in the festivities with extravagant bonuses and opulent rewards, showcasing the epitome of luxury. From gifting lavish Rolex watches to generous six-month salaries, these gestures of appreciation symbolise prosperity and success.

Singaporean entrepreneur Kelvin Tan, known as Mayiduo, captured headlines with his generous gesture of gifting Rolex watches worth S$150,000 to seven outstanding employees at SG Interior KJ. Embracing the ethos of valuing his team, Tan’s act of generosity epitomises the spirit of Lunar New Year celebrations.

Meanwhile, in Taiwan, Eva Airways made headlines by awarding its employees unprecedented bonuses, including the equivalent of six months’ wages. This remarkable gesture reflects the airline’s stellar financial performance, with record revenues of NT$200.3 billion in 2023.

However, amidst the celebrations, a darker trend emerges in London’s affluent neighbourhoods, where luxury watch thefts have surged, raising alarm among India’s business elite. With high-profile individuals, including CEOs, falling victim to brazen robberies, concerns about safety in the city have escalated.

According to reports, the number of stolen watches in London has skyrocketed in recent years, transforming the city into a hotspot for luxury watch muggings. Indian business leaders, attending a meeting with UK officials, expressed growing apprehension about visiting London amidst rising crime rates.

The British authorities have acknowledged the issue and are taking proactive measures to address the surge in luxury watch thefts. With increased policing and innovative tactics, such as using undercover officers as bait, efforts are underway to curb street crime and ensure the safety of residents and visitors alike.

As Lunar New Year celebrations continue and luxury bonuses abound, the contrasting narratives of prosperity and peril serve as a poignant reminder of the complexities of the modern world. In a landscape where opulence and security intersect, navigating the delicate balance between celebration and safety remains paramount for Asia’s business elite.